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单词 j_curve_2
释义
J Curve (2)
In context of private equity, the curve that is formed by plotting returns generated by a private equity fund against time from inception to termination. There is usually negative returns (due to start up costs and management fees) in early years and investment gains in the outlying years as the portfolio of companies mature.
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更新时间:2025/2/23 5:00:20